Explained: Why DHFL and other NBFC stocks took a beating on Friday?

4 weeks ago
Domestic infows into mutual fund schemes in the last couple of years played a significant role in driving the Indian stock market to record highs. In recent times, MFs have especially profited from betting heavily on nonbanking finance companies (NBFC). ... ...

IL&FS crisis: Here is why all is not lost

4 weeks ago
After a brutal Friday in the equity market and a nearnotrade Friday in the debt market, there was more bad news over the weekend. IL&FS, the company whose sudden downgrade has led the debt market into fear and illiquidity, announced that it has  ... ...

Closely monitoring financial markets, ready to take action, say RBI and Sebi after sharp meltdown on Friday

4 weeks ago
Mumbai: In a rare move, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi) on Sunday said they are "closely monitoring" activities in the financial markets and ready to take appropriate actions, if required, following ... ...

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